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MainStay MacKay Short Dur Hi Inc I (MDHIX)

9.46 +0.02 (+0.21%)
At close: 8:05 AM EDT
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DELL
  • Previous Close 9.44
  • YTD Return 1.78%
  • Expense Ratio 1.86%
  • Category High Yield Bond
  • Last Cap Gain -7.00
  • Morningstar Rating
  • Morningstar Risk Rating Below Average
  • Sustainability Rating --
  • Net Assets 2.2B
  • Beta (5Y Monthly) 0.41
  • Yield 6.09%
  • 5y Average Return --
  • Holdings Turnover 22.00%
  • Last Dividend 0.16
  • Inception Date Dec 17, 2012

The fund, under normal circumstances, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in high-yield debt securities that are rated below investment grade by a nationally recognized statistical rating organization ("NRSRO") or that are unrated but are considered to be of comparable quality by MacKay Shields LLC, the fund's Subadvisor. It will generally seek to maintain a weighted average duration of three years or less, although the fund may invest in instruments of any duration or maturity.

New York Life Investment Management LLC

Fund Family

High Yield Bond

Fund Category

2.2B

Net Assets

2012-12-17

Inception Date

Performance Overview: MDHIX

Trailing returns as of 4/22/2024. Category is High Yield Bond.

YTD Return

MDHIX
1.78%
Category
3.62%
 

1-Year Return

MDHIX
8.89%
Category
14.69%
 

3-Year Return

MDHIX
4.03%
Category
6.16%
 

5-Year Return

MDHIX
4.36%
Category
6.21%
 

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Holdings: MDHIX

Sector Weightings

SectorMDHIX
Energy   68.07%
Industrials   31.93%
Real Estate   0.00%
Technology   0.00%
Utilities   0.00%
Healthcare   0.00%

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